A 2004 Business Finance article described Miklos Vasarhelyi, the director of The Center for Continuous Auditing at Rutgers University Business School, as the “godfather of continuous auditing.”

When the godfather co-authors a case study on continuous monitoring, I pay close attention. This 16-page case study on Talecris Biotherapeutics Inc.’s program explains why the company chose to start by focusing on the purchase-to-pay cycle, and then examines the effort in great detail. The paper also includes a helpful listing of all the controls tests that are conducted. ###